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ListenMoneyMatters. com | Andrew Fiebert, Matt Giovanisci

Opportunity Funds and the 2020 Stimulus

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An opportunity fund is money set aside so that when an opportunity arises, you have the money to take advantage of it. As an investor, your most important job is to get a good deal. Most of the growth you get in the market is during a recovery phase.
Right now the market is down, so things are selling for a fraction of what they were worth 30 days ago. This is exactly why you set up an opportunity fund, so that you can take advantage while everyone is panicking and selling.
Today we’re taking a look at Opportunity Funds and how to best take advantage of the 2020 Stimulus.
Donate!
Flexport.org is a fund exclusively focusing on supporting the sourcing and transport of supplies related to the coronavirus pandemic.
Donate to AirBnb’s effort to offering free stays to COVID-19 responders
Feeding America (200 food banks and 60,000 pantries)
Meals on Wheels delivers meals directly to seniors
No Kid Hungry works to end childhood hunger in the US

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Publication year
2020
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